SEO Description: The Tribunal held that an appeal cannot be dismissed solely on limitation without examining reasons for delay. The matter was remanded to decide condonation first, reinforcing natural justice principles.
SEO Description: The Tribunal held that post–Finance Act 2025, eligible trusts must receive ten-year registration under Section 12AB. A five-year registration granted after the amendment was therefore held invalid.
ITAT Delhi held that long-term capital gains cannot be treated as bogus merely on market suspicion or SEBI alerts without concrete evidence of manipulation.
The Tribunal ruled that inadvertent omission of claiming advance tax does not bar interest under Section 244A. Authorities cannot withdraw interest through Section 154 rectification for such mistakes.
The issue was whether an appeal could be heard by an ITAT bench lacking territorial jurisdiction. The Tribunal held that jurisdiction is determined by the location of the Assessing Officer, leading to dismissal with liberty to refile before the correct bench.
The case examined confirmation of a substantial addition without adequate factual analysis. The Tribunal ruled that justice demands a fresh decision after full consideration of bank statements and supporting records.
ITAT Jaipur held that application for approval under section 80G inadvertently considered as application under section 12AB of the Income Tax Act is against principle of natural justice. Accordingly, matter restored back to CIT(E).
The dispute concerned rejection of explanation for cash deposits due to lack of documentation. The Tribunal ruled that evidence relating to sale of inherited assets was vital and must be examined afresh by the tax authorities.
The ITAT held that penalty under Section 271(1)(c) fails where the notice alleged inaccurate particulars but the levy was based on concealment.
The ITAT set aside the appellate order after finding that the appeal was dismissed without proper hearing or examination of the assessee’s case.
